In January and February 2025, the crypto market continued its strong rise. The price of Bitcoin broke through the $100,000 mark for the first time in mid-January and hit a record high of about $109,000 on January 20. Since then, Bitcoin has adjusted back and stabilized at around $95,000-$100,000 as of mid-to-late February. The total market value of the entire crypto market also soared, climbing to a peak of about $3.76 trillion on January 7. Overall, Bitcoin is approaching the psychological mark of $100,000 and mainstream currencies are fluctuating at high levels, indicating that the market has entered a consolidation phase after a strong rise, and volatility has increased.